Polish PS3 Site (via CVG) reports on the new PS3 model sporting a 12GB flash memory we reported on this Friday. They also have information on a 500GB hard drive model.
The former sounds like a good budget version of the console suitable for newcomers who are looking to get a PS3 with Wonderbook this holiday season, while the second sounds more like a core gamer option.
Sony are holding a press conference ahead of Tokyo Game Show early morning Wednesday (our time), so hopefully we'll know the full story on the new PS3 models by then.